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5315 W 12th St

12,000 SF Office Building Little Rock, AR 72204 $1,950,000 ($163/SF) 8.05% Cap Rate

Investment Highlights

  • Fully occupied
  • Additional details available with non-disclosure agreement
  • Long-standing, single-tenant NNN lease
  • NOI: $157,000 (approximate; Cap rate: 8.05% (approximate)
  • Centrally located with quick access to I-630
  • Limited landlord responsibility

Executive Summary

5301 West 12th Street in Little Rock presents a fully occupied medical office building, offering a sound investment opportunity. The 12,000-square-foot facility, situated on a 0.96-acre lot, boasts a beneficial 8.05% cap rate and generates an approximate NOI of $157,000. Centrally located with swift access to I-630, this property provides plentiful parking and benefits from long-standing tenancy with single-tenant NNN leases. The building's strategic setting, coupled with its consistent cash flow and limited landlord responsibilities, creates a compelling case for investors seeking a stable addition to their commercial real estate portfolio.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
12,000 SF
Building Class
C
Year Built
1986
Price
$1,950,000
Price Per SF
$163
Cap Rate
8.05%
NOI
$156,975
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
6,000 SF
Building FAR
0.29
Lot Size
0.96 AC
Opportunity Zone
Yes
Zoning
C-3
Parking
36 Spaces (3 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Basement
  • Central Heating
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34L-124-00-003-00
Land Assessment
$41,816
Improvements Assessment
$334,601
Total Assessment
$376,417
  • Listing ID: 33205940

  • Date on Market: 9/17/2024

  • Last Updated:

  • Address: 5315 W 12th St, Little Rock, AR 72204

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